Mathematics, 15.01.2020 01:31 myhomeacc32

Wurulu vuru uj
part c - working with present value (pv) annuities: use the formulas for present value
annuities to solve.

1) a university wants to set up a scholarship fund that will pay out a $2500 annual scholarship for each of the next 50 years. if they can earn an average interest rate of 4%
compounded annually, how much do they need to invest now to fund the scholarship?

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